Mays Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom flat located in Lilliput, Bournemouth. It is situated on Compton Avenue and has a plot size of 824.50 sqft. The list price is £450,000.

The property appears to be in excellent condition. The interior is modern and well-maintained, with a contemporary kitchen and bathrooms. The images show a clean and updated space. There is evidence of a private garden area accessible from the property.

The location is desirable. Lilliput is a sought-after area, known for its proximity to local amenities, including schools and transportation links. The nearby railway station provides easy access to Bournemouth and other towns. Several well-regarded schools are within a reasonable distance.

Considering the average price per sqft in the area is £586, and the property is 868.45 sqft, a rough estimate of the property value would be approximately £509,000. The list price of £450,000 is therefore below the estimated value based on the average price per sqft. However, it is important to note that this is a flat, and the average price and sqft figures provided are for the broader area, which includes a mix of property types, including larger detached houses. The fact that comparable properties on Compton Avenue are significantly more expensive suggests that the list price may represent good value, despite being below the average price per sqft calculation. The property’s condition and desirable location in Lilliput further support this assessment.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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